Mobile Wallets

Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
November 28, 2023  |  Investments

PayGround raised $19.7 million in a Series A funding round to support the growth of its healthcare payments platform. The company will use the capital...

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Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
November 20, 2023  |  Mobile Commerce

Apple is reportedly facing a lawsuit filed by four users of Venmo and Cash App.  The lawsuit alleges that Apple has abused its market power in the...

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Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due
Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due
November 15, 2023  |  Mobile

The popularity of digital bill payments is increasing as more and more consumers seek convenience and efficiency in managing their finances. In “Digital Bill Payments:...

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Worldline Offers Tap to Pay For Merchants in France
Worldline Offers Tap to Pay For Merchants in France
November 14, 2023  |  News

Worldline says its large merchant clients in France can now offer Apple’s tap-to-pay. The payments firm announced Tuesday (Nov. 14) that merchants can use the iPhone-based payment...

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Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023  |  Cybersecurity

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other...

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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Legal & Regulation

Will new rules governing digital wallets and apps blunt Big Tech innovations — or put desperately needed guardrails in place? The Consumer Financial Protection Bureau’s...

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Google Aims to Turn Digital Wallets Into Transit Passes
Google Aims to Turn Digital Wallets Into Transit Passes
October 26, 2023  |  Mobile

Google will allow commuters in more locations to store transit passes in their digital wallets. The tech giant discussed its progress in marrying the Google...

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YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
October 26, 2023  |  Investments

Singapore-based multicurrency digital wallet provider YouTrip raised $50 million in a Series B funding round. The firm will use the capital to launch new products...

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